Almost four years after Stephanie Horbaczewski co-founded StyleHaul -- in a room with no windows and three fellow dreamers -- the YouTube juggernaut announced some major news: Luxembourg-based RTL Group has bought a majority stake in the Los Angeles-based company, to the tune of $107 million.
StyleHaul is a fashion and beauty YouTube network now valued at more than $151 million, with more than 4,900 YouTube channels run by women producing content from around the globe. The network gets 60 million unique visitors to its site monthly, mostly women ages 18 to 34.
RTL Group is Europe's leading entertainment company and produces TV shows, such as "The X Factor," "The Price is Right" and "Family Feud."
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